Draw a balance between the present and the future and one advice I give to every young Indian – the most difficult thing in India, urban India, is housing. So first thing that you do is try and buy house as that gives a great sense of security.
RAKESH JHUNJHUNWALAI know film industry is not a very healthy place to be in.
More Rakesh Jhunjhunwala Quotes
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You know, a balance-sheet is like a bikini, it shows more but it hides what is vital. I learnt to read a balance sheet and then I got fascinated by stocks.
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What is too popular may not be profitable. Don’t invest in B2C companies, instead invest in B2B companies.
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There can be no greater well wisher for me in life than my mother.
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I am an optimist by nature and I reserve the right to be wrong.
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I think the Covid-19 crisis has been blown out of proportion and has created an unnecessary fear psychosis.
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I want to give more time to my children, my family, to my health.
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All democratic societies eventually decide what is in favor of them.
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You can’t make money on borrowed knowledge. If following Rakesh Jhunjhunwala was all it took to make money, a lot more people would be rich. It requires patience and you learn from mistakes.
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There has to be a period of consolidation in the IT industry. Similarly in pharma, I think India is going to be a world power. We have the lowest cost, good technology, Indian companies are gaining size.
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Markets tend to shake you up before a bull run.
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I have far less than what people think, but far more than I need.
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What India needs for prosperity is just ease of doing business.
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I am interested in government spend quality, as it accounts for the biggest chunk of the social spending pie. Hundreds of foundations put together cannot equal what the government can spend.
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When the food at home is so tasty, why go out and eat?
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I reflected a lot, I thought a lot on my 50th birthday. It has been one of the most important birthdays in my life, not in terms of celebration but in terms of retrospect.
RAKESH JHUNJHUNWALA